What is the role of an executor, an administrator or a personal representative?
If the deceased executed a valid last will and testament that nominated an executor willing or able to serve that person is typically appointed executor, and without a will the person is the referred to as an administrator. In some states an executor or administrator is referred to as a personal representative. A bank or trust company may also be appointed to serve. Once appointed the executor or administrator performs the following functions to properly administer the estate: A. Publish a notice prescribed by the probate court in a local newspaper and give notice to interested parties (heirs at law, etc.) to provide information about the estate including the procedures required to object to the administration of the decedent’s estate and file claims. B. Once appointed identify, gather, value and safeguard the decedent’s probate assets and provide an inventory of the property to the Probate Court. C. Object to improper claims, and defend suits brought on such claims. D. File income and